Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Lithuania - 2023
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Lithuania (CIF) - 2022
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Lithuania (FOB) - 2022
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Lithuania
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Lithuania
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Lithuania (CIF) - 2022
The average import price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $23,088 per ton in 2022, reducing by -33% against the previous year. Overall, the import price recorded a slight decrease. The most prominent rate of growth was recorded in 2015 an increase of 228% against the previous year. Over the period under review, average import prices reached the maximum at $64,157 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($112,000 per ton), while the price for the Netherlands ($18,860 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Lithuania (FOB) - 2022
The average export price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $70,333 per ton in 2022, declining by -31.2% against the previous year. Over the period under review, the export price, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 an increase of 113% against the previous year. As a result, the export price attained the peak level of $102,269 per ton, and then declined sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($208,000 per ton), while the average price for exports to Uzbekistan amounted to $42,800 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+20.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Lithuania
In 2022, overseas purchases of vitamins; vitamin B1 and its derivatives, unmixeds decreased by -8% to 2.9 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 101% against the previous year.
In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds contracted markedly to $67K in 2022. Over the period under review, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 160%. As a result, imports attained the peak of $125K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.2 | 101 | 5.5 | 46.9 | 144.7% |
| Poland | N/A | 1.2 | 0.4 | 9.6 | 182.8% |
| Spain | 6.8 | 4.4 | 36.1 | 8.8 | 9.0% |
| Germany | 0.6 | 2.3 | 8.7 | 0.6 | 0.0% |
| China | 27.7 | 11.6 | 57.1 | N/A | 43.6% |
| Finland | 6.3 | 1.8 | N/A | N/A | -71.4% |
| Others | 3.4 | 2.0 | 0.4 | 0.6 | -43.9% |
| Total | 47.9 | 125 | 108 | 66.6 | 11.6% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Lithuania in 2022:
- Netherlands (2487.0 kg)
- Poland (200.0 kg)
- Spain (179.0 kg)
- Germany (13.0 kg)
- China (1.0 kg)
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Lithuania
In 2022, overseas shipments of vitamins; vitamin B1 and its derivatives, unmixeds decreased by -93.5% to 6 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a precipitous curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 939% against the previous year. As a result, the exports attained the peak of 1.6 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds shrank rapidly to $422 in 2022. In general, exports showed a precipitous decline. The pace of growth was the most pronounced in 2020 with an increase of 1,279% against the previous year. As a result, the exports attained the peak of $77K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | 3.5 | N/A | N/A | 0.2 | -61.5% |
| Belarus | N/A | 31.4 | 0.1 | 0.2 | -92.0% |
| Russia | N/A | 44.3 | 0.8 | N/A | -98.2% |
| Croatia | N/A | 1.0 | N/A | N/A | 0% |
| Latvia | 1.7 | N/A | N/A | N/A | 0% |
| Georgia | N/A | N/A | 8.6 | N/A | 0% |
| Others | 0.4 | N/A | N/A | N/A | 0% |
| Total | 5.6 | 76.8 | 9.5 | 0.4 | -58.5% |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Lithuania in 2022:
- Uzbekistan (5.0 kg)
- Belarus (1.0 kg)
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This report provides an in-depth analysis of the vitamin market in Lithuania.
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This report provides an in-depth analysis of the global vitamin market.
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This report provides an in-depth analysis of the vitamin market in Lithuania.
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This report provides an in-depth analysis of the global vitamin market.
233
Vitamins play a crucial role in maintaining good health and well-being. They are essential nutrients that our bodies need in small amounts to function properly. With the growing awareness of the importance of vitamins, the global demand for vitamin supplements and fortified foods has been on the rise. As a result, several countries have become major import markets for vitamins, enabling people around the world to access these essential nutrients easily. One platform that provides in-depth insights into the global import market for vitamins is IndexBox Market Intelligence. This platform offers comprehensive data and statistics that allow businesses and individuals to stay informed about the latest trends and developments in the industry. The top import markets for vitamins in 2022 are the United States, Netherlands, Germany, Singapore, and France. These countries not only serve as vital import markets for vitamins but also contribute significantly to the global vitamin industry. The demand for vitamins continues to grow as people become more conscious of their health and seek ways to enhance their well-being. The import markets for vitamins have a significant impact on the global vitamin industry, driving the production and trade of vitamin supplements and fortified foods on a global scale. Platforms like IndexBox Market Intelligence offer invaluable data and insights to businesses and individuals seeking to navigate the complex dynamics of the global import market for vitamins. Staying informed about the latest trends and developments allows industry players to make informed decisions and capitalize on emerging opportunities.
361
Global vitamin trade rose by 16% y/y to $7.7B in 2020, driven by the increased demand for immune-boosting drugs during the COVID-19 pandemic. In physical terms, supplies spiked by 18% y/y to 584K tons.
1428
In 2016, the global vitamin imports stood at X tons, lowering by -X% against the previous year figure. Overall, vitamin imports continue to indicate a relatively flat trend pattern. The growth...
844
In 2016, the global vitamin imports stood at X tons, lowering by -X% against the previous year figure. Overall, vitamin imports continue to indicate a relatively flat trend pattern. The growth...
233
Vitamins play a crucial role in maintaining good health and well-being. They are essential nutrients that our bodies need in small amounts to function properly. With the growing awareness of the importance of vitamins, the global demand for vitamin supplements and fortified foods has been on the rise. As a result, several countries have become major import markets for vitamins, enabling people around the world to access these essential nutrients easily. One platform that provides in-depth insights into the global import market for vitamins is IndexBox Market Intelligence. This platform offers comprehensive data and statistics that allow businesses and individuals to stay informed about the latest trends and developments in the industry. The top import markets for vitamins in 2022 are the United States, Netherlands, Germany, Singapore, and France. These countries not only serve as vital import markets for vitamins but also contribute significantly to the global vitamin industry. The demand for vitamins continues to grow as people become more conscious of their health and seek ways to enhance their well-being. The import markets for vitamins have a significant impact on the global vitamin industry, driving the production and trade of vitamin supplements and fortified foods on a global scale. Platforms like IndexBox Market Intelligence offer invaluable data and insights to businesses and individuals seeking to navigate the complex dynamics of the global import market for vitamins. Staying informed about the latest trends and developments allows industry players to make informed decisions and capitalize on emerging opportunities.
361
Global vitamin trade rose by 16% y/y to $7.7B in 2020, driven by the increased demand for immune-boosting drugs during the COVID-19 pandemic. In physical terms, supplies spiked by 18% y/y to 584K tons.
1428
In 2016, the global vitamin imports stood at X tons, lowering by -X% against the previous year figure. Overall, vitamin imports continue to indicate a relatively flat trend pattern. The growth...
844
In 2016, the global vitamin imports stood at X tons, lowering by -X% against the previous year figure. Overall, vitamin imports continue to indicate a relatively flat trend pattern. The growth...
